Word: lorenzo
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With about six-and-a-half minutes left to play, Dartmouth retaliated. Lorenzo Chambers eluded the Harvard defense and scored the final points of the game with a broken-field touchdown run of more than 40 yards. Vignali and running back Gregory Dunn brought the Crimson into a first and goal position in the final minutes, but a Dartmouth pass interception with time running out ended its efforts and the up-and-down game...
Then, just as the merger was about to take place, Texas International, led by its aggressive chairman Francisco Lorenzo, moved against Continental. Texas International had previously made unfriendly takeover bids on National Airlines...
...Lorenzo quickly acquired 48.5% of Continental's stock. In one hectic day of trading, he bought 830,000 shares of Continental just 30 min. before the market closed. The Continental-Western merger was dead, and a bitter takeover battle between Continental and Texas International was under way. In April two veteran Continental pilots proposed that company workers buy a majority of the firm's stock through an employee stock-ownership plan. Though skeptical of the plan at first, Feldman soon threw his support behind it in a last-ditch effort to stop Texas International. Lorenzo immediately challenged...
...somber Continental board of directors last week named George A. Warde, 59, the former president, to succeed Feldman as chief executive officer. Meanwhile, Texas International is awaiting final White House approval of its takeover bid, which appears likely. Lorenzo intends to keep Continental a separate airline and a subsidiary of the parent organization, Texas Air Corporation. Continental employees last week were still trying to search for ways to block Texas International, but their chances looked very slim...
...content with having produced his eleven books of nonfiction, he still hopes to complete a novel on Lorenzo the Magnificent, which he has been researching for more than a decade. In his book The Straw and the Grain, he wrote, "If I had the time, I would write the history of the rivers I have known." Journalist Paul Guimard calls him "a great writer." Literary Critic Bertrand Poirot-Delpech rates him with Léon Blum and De Gaulle as the most literary of French politicians: "Each phrase of Mitterrand, even spoken, bears the mark of someone who has never...